The 1918 flu pandemic altered American Life in ways that are familiar to those living through the 2020 coronavirus pandemic. Conflicting information left people wary and fearful. College classes were held outside, sports were canceled, asks or challenged as unamerican, and fines imposed on those who refuse to wear them. Next, Christopher Mcknight nichols recounts how the country experienced the events of a century ago and the lessons we might learn. He directs the Oregon University center for humanities. Since the pandemic has begun, for our purposes, since we shut down in march, they thing that has been driving our analysis here as historians is what is the historical precedent . Obviously, 1918 is the one that comes to mind and we have nobody better to tell us about 1918 that my friend christopher nichols. Hes an associate professor of history at oregon state. Hes the director of the Oregon State Center for humanities and the founder of their citizenship and crisis initiative. He als
Billionaire tilman will tell us how he is preparing. What hes telling his teams for what could be a cold winter for the economy. Power lunch starts right now day after the huge sell off, stocks have turned higher this afternoon as they try to avoid a fifth straight day of losses the s p and nasdaq are at session highs right now. Lets go to bob for more on these markets. Bob. Chop it around a little bit i listened to the powellmnuchin testimony. I didnt see any narrative around fiscal or Monetary Policy stay at home stocks are back theres this narrative if we get more break outs in the u. S. Like we got if europe, they will be ben faeficiarie beneficiaries. All these stay at home names are doing well amazon is having great day not so the banks second day in a row they are getting clobbered. Some of the banks are down 7, 8, 9 in two days this is another serious down trend in the banks the big thing im worried about is valuations. We cant figure out what tech stocks are worth look at appl
Stephanie sierra has been tracking this for weeks and she joins us with the latest. Stephanie . Congress has single out quantum corporation, a Data Storage Company based in san jose for refusing to return 10 million in federal funding. And as of today, its not looking likely that will happen. If there is anybody out there that misuses this program, we will find you. This is House Minority leader Kevin Mccarthy nearly a month ago. The congressman urging big Public Companies to return federal funding intended for small businesses. You will not want the reputation that you will soon get if you take advantage. But it appears that warning doesnt cushion quantum. The data storage giant someone of five u. S. Companies singled out by a congressional select subcommittee that quantum return funds immediately and clearly pointed out the company that has a market value over 150 million doesnt meet the qualifications to be eligible for the help. It is possible that they will get in trouble. I spoke
Molester died behind bars. Plus, formula fraud, the new warning for parents about baby formula being resold. Reality stars indicted. The criminal charges announced against this tv couple and how theyre responding. And from mike tysons marijuana habit to the 10yearold who found a monster tooth to the spilled beer at the ballpark. That one straight back. All the trending stories for your wednesday morning. Announcer from abc news in new york, this is america this morning. Good wednesday morning, everyone. Thank you for joining us. We begin were a standoff against china. Protesters demanding democracy shutdown the hong kong airport for the second day in a row. Most of the protesters fled when police moved in with pepper spray and flights resumed early this morning. China is now claiming the u. S. Has helped fuel the protests. And this all comes as President Trump backs down in his trade war with china, admitting for the first time that its American Consumers who are paying the price. Abcs
1055 palestinians have been killed. Thousands wounded in his riley as strikes neighborhoods of gaza, reduced to rubble. The bombings of displaced tens of thousands of palestinians from better homes and more exchanges of fire across israels northern boda with 11 and the. We begin this news hour in gaza, where the desk told is, rising. Is riley. Aaron, all tennessee strikes, pound the strip from north to south. 1055 College Students have been killed. More than 5000 people, including children being wounded. Palestinians have been fleeing that homes seeking shelter is riley bombardments, been reducing buildings to rubble and flattening in time neighborhoods. Not people say no way is safe. The you and relief and works. Agency says at least a 187000 may have been internally displaced. In garza, the dogs as medical system is overwhelmed with thousands of injured to being treated with transpose as well as the hospitals. Getting pictures out of some of those medical facilities and gaza should w